GP and UN firing 25% of staff
Tough times today.... tough times tomorrow?
I hope things turn around for these stories brands.
Comments: view entire thread
Let hope for better times
Two top level watch brands. My wish to own at least one UN watch is huge. But only me is not enough to save them. What i see is the AD’s do not drop prices, so a deal is far away.
There are some very hot
sectors of the watch market at the moment, but most of the industry is suffering. IMO it is the relentless drive to wearable devices which has not affected the SS sports models from some brands yet but hit the dress watch segment very hard. Some independe...
Very sad and worrying
I really hope they recover. I love their designs and we really need more brands in the industry who dare to be a bit different! BW, Chi Kai
All they need is to create some hype watches...sorry to say.
Sad but true and unfortunately this is harder than we think. The demand is so narrow nowadays to the small number of brands/models. I'm seeing a consolidation of brands like all other businesses and then M&As etc. Hey, who knows these 2 major brands and c...
I think a number of these brands were over there skis
If you look at the pricing over the past 20 Years, I think the Luxury space got crowded and I would not be surprised to see some culling. The audience for $20,000 plus mechanical watches was more than serviced by too many brands. I think the ones that fai...